The Aussie Singleton’s Guide to Financing a Holiday

Being a singleton can be a difficult business.

You’ve got fewer reasons to head out for a nice meal (unless you bring a book for company), less company on the weekdays, and the sight of couples holding hands in public looks about as appealing as that ready meal for one you stuck in the microwave last night.

And when it comes to holidays, you’re instantly at a disadvantage – especially when it comes to money.

But you’re a young, perma-tanned Aussie without ties – so saving for a big trip abroad is simple when you follow these tips.

Get saving

Trying to set aside dollars can be nightmarish when all you want to do is head out for a series of big weekends on the tiles.

But if you’re after a great holiday, squirreling some cash every month is vital.

To help you in your money-saving quest, open a separate savings account and deposit a reasonable sum of money into it every month.

While many banks are available, we’d recommend the Commonwealth Bank’s impressive savings options. Their Goal Saver will provide you with a handful of rewards if you manage to save monthly.

Depending on the amount you deposit, you’ll be able to head off on an exciting adventure within six months.

Time is money

Stress is best avoided when travelling, especially if you’re trawling the world without company. And that means time-saving options can be incredibly important.

Trying to find a parking space is a great example. In the maze of different spaces, the perfect spot doesn’t exist – unless you’re willing to reach into your pocket.

Melbourne Airport parking, for instance, provides a lot of great-value valet parking options from brands like Looking4 and others that’ll let you drive straight to the terminal, takes your bags out of the boot of your car and head straight for your security check.

It’s just one example of a timesaver that’ll let you enjoy your holiday alone all the more.

Round up your savings

What would you usually do with 50 cents? Keep it in your pocket then give it to a passing homeless person? Purchase a sugar-packed sweet that’ll make you crash in the afternoon?

Why not keep it and stick it in a jar as part of your holiday savings plan?

It’s a simple way to save cash throughout your day. If you spend two dollars and 80 cents on a snack, that’s 20 cents saved for your travels, and so on.

Not only is it a simple way to put aside extra cash, but it’ll give you a boost throughout the day and help you keep track of your cash.

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